This almost 30,000 sq ft land assembly in the Annieville neighborhood of North Delta offers an exciting opportunity for multifamily development. Its location within 800 meters of Transit-Oriented Areas enhances accessibility. The new Delta OCP permits up to 6 storeys, allowing for flexible design and density. Major amenities are within walking distance, making it appealing to potential residents. The existing house generates $3,000 in rent (total land assembly rent is $10,000), providing immediate cash flow. The application submitted to the City of Delta for Approximately 89500 Sq Ft Buildable area for 119 Units in total. This land assembly involves 5 properties and must be sold in conjunction with 11868-87 Ave, 11872-87 Ave, 11854-87 Ave and 11867-86A Ave.
Listing Information
- Prop. Type:
- Single Family Residence
- Property Style:
- Basement Entry
- Status:
- Active
- City:
- N. Delta
- Bedrooms:
- 5
- Full Bathrooms:
- 2
- Neighborhood:
- Annieville
- Area:
- Delta
- Province:
- British Columbia
- MLS® Number:
- R3062899
- Listing Price:
- $2,600,000
- Taxes:
- $1
General Information
- Year Built:
- 1959
- Lot Size (sqft):
- 7500.0 ft2
- Total Square Feet:
- 1850ft2
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